France: Bayrou faces “moment of truth” on Tuesday as ouster looms

Source: Politico

“French Prime Minister François Bayrou plans to present the main elements of a budget for 2026 on Tuesday comprising spending cuts and tax hikes so unpopular they could spell the end of his minority government. Bayrou is trying to trim the budget by at least €40 billion to bring down the country’s eye-watering €3.3 trillion in public debt and rein in a budget deficit that has fallen afoul of European rules in recent years. … The budget Bayrou will present is expected to achieve those savings mostly through spending reductions. Though the exact proposals have not been shared publicly, they are almost certain to draw the ire of opposition lawmakers across the political spectrum. … Though the far-right National Rally has held off on joining recent efforts to topple the government, it has made clear it is ready to do so when Bayrou presents his fleshed-out budget in the fall.” (07/14/25)

https://www.politico.eu/article/france-prime-minister-francois-bayrou-budget